Today Eastside Distilling Inc (NASDAQ:EAST) Reported Decrease in Shorted Shares

May 25, 2018 - By Ellis Scott

Eastside Distilling, Inc. (NASDAQ:EAST) Logo

The stock of Eastside Distilling Inc (NASDAQ:EAST) registered a decrease of 5.01% in short interest. EAST’s total short interest was 85,300 shares in May as published by FINRA. Its down 5.01% from 89,800 shares, reported previously. With 11,500 shares average volume, it will take short sellers 7 days to cover their EAST’s short positions. The short interest to Eastside Distilling Inc’s float is 2.47%.

The stock decreased 1.38% or $0.0959 during the last trading session, reaching $6.8441. About 3,960 shares traded. Eastside Distilling, Inc. (NASDAQ:EAST) has 0.00% since May 25, 2017 and is . It has underperformed by 11.55% the S&P500.

Eastside Distilling, Inc. develops, makes, produces, and markets hand-crafted spirits in the United States. The company has market cap of $35.56 million. The firm offers bourbon under the Burnside Bourbon and Oregon Oak Burnside Bourbon brand names; premium whiskey under the Barrel Hitch American Whiskey and Barrel Hitch Oregon Oaked Whiskey brand names; distinctive whiskey under the Cherry Bomb Whiskey and Marionberry Whiskey brand names; rum under the Below Deck Silver Rum, Below Deck Spiced Rum, Below Deck Coffee Rum, and Below Deck Ginger Rum brand names; and vodka under the Portland Potato Vodka brand name. It currently has negative earnings. It also provides various handmade products, including Advocaat Liqueur, Peppermint Bark Liqueur, Bier Schnapps, and Holiday Spiced Liqueur.

More notable recent Eastside Distilling, Inc. (NASDAQ:EAST) news were published by: Businesswire.com which released: “John Rich to Celebrate Memorial Day and Folds of Honor on Fox & Friends on Monday, May 28” on May 25, 2018, also Nasdaq.com with their article: “Reginal Bank ETFs & Stocks to Party on Dodd-Frank Easing” published on May 23, 2018, Businesswire.com published: “Eastside Schedules First Quarter Fiscal Year 2018 Financial Results Conference Call for 11:30 am ET on Monday, May …” on May 08, 2018. More interesting news about Eastside Distilling, Inc. (NASDAQ:EAST) were released by: Seekingalpha.com and their article: “Eastside Distilling’s (EAST) CEO Grover Wickersham on Q1 2018 Results – Earnings Call Transcript” published on May 16, 2018 as well as Streetinsider.com‘s news article titled: “Eastern Security & Protection Services, Inc. (EAST) Misses Q1 EPS by 11c, Miss on Revenues” with publication date: May 14, 2018.

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